About to be laid off (was given a heads up) and curious what an “acceptable” vs. “poor” severance pay is? For context: been with the company 2 years, director level role, will not be needing cobra/health insurance - only interested in how many weeks pay I’ll receive. Thank you!

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Posting as :
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You are currently posting as works at

Isn’t it usually 1 paycheck for every year you’ve been there?

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I think Omnicom is generally 1 week per year

I went to see a lawyer after being laid off from an agency where I worked for a year. My visit was about something else that happened to me at that place. The lawyer said he could get them to pay me one year of severance. He said he does that regularly for most people who get laid off. I didn't pursue any actions but there is that option!

likehelpful

It was several years a ago and choose a labor law and employment attorney from an online listing. I don't remember the name. You need to choose a lawyer who practice law in your state. Because employment laws varies from state to state.

I’m not sure what acceptable is, but the majority of severance agreements are determined In your employee benefits upfront.

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If it’s a holding company shop, not much room for negotiations.

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try to get at least 3 - 6 months of severance altho most offer letters state 2 weeks of pay.

You’ll get 2-4 weeks tops.

Everything is negotiable. Don’t sign the paperwork until you speak to an attorney. I got four months of salary and healthcare as opposed to two, really helped after being laid off in early summer, when most are slow at work.

Thank you - so helpful. Would you be able to share who you worked with?

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